MDA - Market Direction Analysis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : MDA - Market Direction Analysis

SPY 681.44

+1.6%

Nov 10 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: dennis michael patterson who wrote (36820)	1/6/2000 9:33:00 AM
From: HairBall	Read Replies (1) of 99985

dmp: You're right, all that analysis has to work AND be timely...<g> I hesitated to give credit to parrots on either side. Favors seems to be on a hot streak as of late. His analysis has become a lot less vague over the past few months. COMPX (NASDAQ Composite) Price Action Support/Resistance Levels Resistance: 3898 (In Play) Support/Resistance: 3856/7 (In Play) Support: 3745, 3713/4, 3666, 3620, 3502 (More to follow if needed) Likely Fib Retrace Targets: 3596/7, 3227/8 (More to follow if needed) Now that the market has dropped quickly, there are many talking heads jumping in front of the TV cameras and saying it was to be expected and that techs had run up to far. Where were these folks before the drop? Why wasn't someone pointing out the massive distribution going on during Nov/Dec of last year? Oh yeah, I was pointing that out...<g> GTW warns now AMZN has been down graded...whoops a small crack in the dam! However, supportive brokerages have started damage control... Regards, LG

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next